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AGF Management Ltd down $0.24

AGF Management Ltd closed sharply lower Friday, dropping $0.24 or 3.86% to $5.97. Over the last five days, shares have gained 2.93%, but are down 29.68% for the last year to date. Shares have underperformed the S&P TSX by 43.87% during the last year.

About

The retail business provides a range of products across a number of investment strategies, including AGF mutual funds, the AGF Elements portfolios and the Harmony Private Investment Program. The institutional business offers a range of investment mandates through pooled funds and segregated accounts for institutions, pension funds, foundations, sovereign wealth funds and endowments, among others. The high-net-worth business offers investment management and counseling services, and includes the operations of Cypress Capital Management Limited; Highstreet Asset Management (Highstreet) and Doherty & Associates. AGF invests in various sectors, such as utilities, civil, social and power infrastructure assets and renewable energy. It operates in Canada, the United States, the United Kingdom, Ireland and Asia.

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